Singapore legislation

Clause 2

of Currency (Amendment) Bill

Clause 2

Amendment of section 14

Subsection (2) of section 14 of the Currency Act, 1967 (hereinafter in this Act referred to as “the principal Act”) is hereby amended by deleting sub-paragraphs (i) and (ii) of paragraph (b) thereof and substituting therefor the following: —“(i)in the case of coins of the denomination exceeding one dollar, for the payment of any amount;

(ii)

in the case of coins of the denomination of fifty cents and one dollar, for the payment of an amount not exceeding ten dollars; and

(iii)

in the case of coins of the denomination lower than fifty cents, for the payment of an amount not exceeding two dollars.”.